FARO Technologies Inc, the
world’s most trusted source for 3D measurement, imaging, and realisation
technology, recently announced the acquisition of ARAS 360 Technologies Inc., a
global leader in the development of accident and crime reconstruction,
simulation and animation software.
Founded in 2010 and headquartered in Kamloops,
British Columbia, ARAS 360 produces a full suite of accident and crime
reconstruction software tools that offer advanced graphics, advanced analytical
tools, and the ability to work with large point cloud data sets from 3D laser
scanners. The company’s newest product,
FARO Reality, is a 64-bit crash and crime software solution that was launched
in November 2014. FARO Reality provides
customers with an intuitive and user-friendly interface enabling them to
quickly generate precision diagrams with stunning details and graphic realism,
stated a press release from FARO.
“The acquisition of ARAS 360 will help FARO
create a complementary suite of integrated 3D documentation product offerings
for our law enforcement customers,” stated Jay Freeland, FARO’s President and
CEO. “By adding the ARAS 360 products to
our portfolio, along with the product offerings of the FARO CAD Zone which we
acquired last year, customers can now document and analyse any crime or
accident scene with the most intuitive and powerful drawing, simulation and
animation tools in the market,” Freeland said.
The all-cash transaction includes an initial
payment as well as future earn out payments.
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